McKenzie Ridge Land
Land for Vacation Homes / 704 W Hood Ave., Sisters, OR
11 individual fee simple lots. Potential for phased development. Highest density zoning in Sisters. Six units have Cascade Mountain views. Each unit has 160 SF of storage space. Proforma 7.4% Cap Rate if held*. Proforma $940,000 profit if each unit is sold individually*. Financials* available with signed NDA.
*Proforma financials performed by current owner.
Location: Sisters, OR
Property Type: Commercial Land
Zone: Downtown Commercial (fully approved/entitled for vacation/lodging use)
Lot Size: 0.52 Acres
Contact: Joel Thomas, CCIM | Adam Bledsoe, Broker
Listing: View LoopNet Listing